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Keynesian economics emphasizes increased government spending as a means of curtailing economic downturns.

Keynesian economics concentrate on using active government policy to manage mixture demand to deal with or forestall economic recessions. Keynes developed his theories in response to the Great Depression and was extremely crucial of previous economic theories, that he observed as classical economics.

An economic downturn is a general slowdown in economic activity over a sustained amount of your time. It happens in an exceedingly specific region (e.g. the Asian monetary crisis within the late 1990s) or on a world scale (e.g. the worldwide monetary crisis within the late 2000s).

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